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Economic importance of the strait of hormuz

By: Promila, and Singh, Vogender.
Material type: materialTypeLabelBookPublisher: Third Concept Description: 40(472), Jun, 2026: p.36-39. In: Third ConceptSummary: The strait of hormuz is one of the most important maritime chokepoints in the world today. This narrow waterway carries almost one fifth of the world oil and a large amount of liquefied natural gas. This paper looks at its strategic, geopolitical, and economic importance by looking at him past, present, and future. it contends, that the strait of Hormuz remains pivotal to global energy security, regional stability and great power rivalry. – Reproduced
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Articles Articles Indian Institute of Public Administration
40(472), Jun, 2026: p.36-39 Available AR139280

The strait of hormuz is one of the most important maritime chokepoints in the world today. This narrow waterway carries almost one fifth of the world oil and a large amount of liquefied natural gas. This paper looks at its strategic, geopolitical, and economic importance by looking at him past, present, and future. it contends, that the strait of Hormuz remains pivotal to global energy security, regional stability and great power rivalry. – Reproduced

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